Prestige Assurance Plc

NGSE:PRESTIGE Stock Report

Market Cap: ₦8.1b

Prestige Assurance Past Earnings Performance

Past criteria checks 3/6

Prestige Assurance's earnings have been declining at an average annual rate of -10.2%, while the Insurance industry saw earnings growing at 25.4% annually. Revenues have been growing at an average rate of 25.8% per year. Prestige Assurance's return on equity is 9%, and it has net margins of 6.2%.

Key information

-10.2%

Earnings growth rate

-20.9%

EPS growth rate

Insurance Industry Growth25.4%
Revenue growth rate25.8%
Return on equity9.0%
Net Margin6.2%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Prestige Assurance makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:PRESTIGE Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2321,5091,3291,6970
30 Sep 238,410-4711,9410
30 Jun 238,075-1961,6770
31 Mar 238,196-2221,2170
31 Dec 227,838591,2290
30 Sep 227,6296881,0600
30 Jun 226,9907261,0920
31 Mar 226,7185771,0440
31 Dec 216,4386881,0260
30 Sep 216,0538649910
30 Jun 215,9048349060
31 Mar 215,2938078820
31 Dec 204,9526788360
30 Sep 204,4567326460
30 Jun 204,4097067120
31 Mar 204,5066587400
31 Dec 194,3354327160
30 Sep 194,6494718000
30 Jun 194,2344027760
31 Mar 194,2114916940
31 Dec 183,7704247630
30 Sep 183,5205057090
30 Jun 183,5975506980
31 Mar 183,1605776920
31 Dec 172,8225326160
30 Sep 172,5583634470
30 Jun 172,2583833770
31 Mar 172,0644213920
31 Dec 161,8672223620
30 Sep 161,6871463360
30 Jun 161,640-33310
31 Mar 161,497-1633310
31 Dec 151,694-1373370
30 Sep 151,467-3114570
30 Jun 151,684244470
31 Mar 151,814-224270
31 Dec 141,808143840
30 Sep 142,681-1055310
30 Jun 142,355-3834690
31 Mar 142,523-2084790
31 Dec 132,927-914920
30 Sep 132,744649780
30 Jun 132,8758772840

Quality Earnings: PRESTIGE has a high level of non-cash earnings.

Growing Profit Margin: PRESTIGE's current net profit margins (6.2%) are higher than last year (0.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PRESTIGE's earnings have declined by 10.2% per year over the past 5 years.

Accelerating Growth: PRESTIGE's earnings growth over the past year (2151.2%) exceeds its 5-year average (-10.2% per year).

Earnings vs Industry: PRESTIGE earnings growth over the past year (2151.2%) exceeded the Insurance industry 104%.


Return on Equity

High ROE: PRESTIGE's Return on Equity (9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.